July 14, 2023

To browse the winning issue, go to:https://new-mexico-bankers-digest.thenewslinkgroup.org/pub-19-2022-issue-4 To see the list of winners on The Communicator Awards website, click this link: https://www.communicatorawards.com/winners/

BMO Executive Darrel Hackett to Succeed Retiring Dave Casper as U.S. CEO BMO Harris Bank recently announced that CEO Dave Casper is retiring. Succeeding Casper, who has led the U.S. operation of Toronto-based parent BMO Financial Group since 2018, will be Darrel Hackett, a 19-year BMO veteran. The appointment of Hackett gives BMO’s U.S. Bank

In the previous year, the New Mexico Mortgage Finance Authority (MFA) conducted a comprehensive statewide study to assess housing needs and solidify an actionable plan to address the housing crisis in New Mexico. This plan, known as the New Mexico Housing Strategy, is the first-of-its-kind initiative for the state, identifying five key strategies to address

I recently saw a CNN segment that would be darkly comical if its implications weren’t so incredibly frightening. In the segment, a CNN anchor was interviewing an artificial intelligence (AI) expert and essentially posed the question, “Will artificial intelligence wipe out humanity in the next five years?” The AI expert, without missing a beat, responded

In just over a year, banks have gone through a head-snapping change, from being stuffed with cash and worried about having too much liquidity to watching those deposits leave in droves. Core deposits are on the decline, forcing banks to pay up on CDs and savings to try to stem the outflow. With the Federal

Like other financial providers, some banks perform annual stress tests designed to see how the institution would fare under various economic scenarios, from a moderate downturn to the most severe hypothetical shockwave. Some community banks aren’t required to perform annual stress tests. However, if there is one thing the financial industry has learned from the

The U.S. banking system has long been the envy of the world. The reasons for this are many, but at the core, it’s because our nation has cultivated a vibrant, thriving financial services sector made up of banks of all sizes, charters, business models and risk profiles. Each one of these institutions has an important

David Hockmuth I want to personally thank our 2022-2023 President, David Hockmuth, for his leadership, counsel, intelligence, sense of humor and fresh ideas throughout his term. Like all CEOs, he is extremely busy, but always found time to deal with NMBA matters. We had a terrific time on our annual legislative road trip, driving around

It is with gratitude and respect that I write my final communiqué as President of the New Mexico Bankers Association. It has been an honor and privilege to serve this remarkable organization which has greatly improved our industry and strengthened our communities throughout New Mexico for over a century. Time seems to move faster as